Majan College (University College)OG (MUS:BACS) Interest Expense : ر.ع-0.00 Mil (TTM As of Aug. 2023)

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What is Majan College (University College)OG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Majan College (University College)OG's interest expense for the six months ended in Aug. 2023 was ر.ع -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was ر.ع-0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Majan College (University College)OG's Operating Income for the six months ended in Aug. 2023 was ر.ع 0.14 Mil. Majan College (University College)OG's Interest Expense for the six months ended in Aug. 2023 was ر.ع -0.00 Mil. Majan College (University College)OG's Interest Coverage for the quarter that ended in Aug. 2023 was 67.50. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Majan College (University College)OG Interest Expense Historical Data

The historical data trend for Majan College (University College)OG's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Majan College (University College)OG Interest Expense Chart

Majan College (University College)OG Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

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-0.03

-0.02

-0.01

Majan College (University College)OG Semi-Annual Data
	Aug06	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
Interest Expense	Get a 7-Day Free Trial													-0.03	-0.02	-0.02	-0.01	-

Majan College (University College)OG Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Aug. 2023 was ر.ع-0.00 Mil.

Majan College (University College)OG (MUS:BACS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Majan College (University College)OG's Interest Expense for the six months ended in Aug. 2023 was ر.ع-0.00 Mil. Its Operating Income for the six months ended in Aug. 2023 was ر.ع0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was ر.ع0.00 Mil.

Majan College (University College)OG's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Aug. 2023 )	/	Interest Expense (Q: Aug. 2023 )
	=	-1	*	0.135	/	-0.002
	=	67.50

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Majan College (University College) SAOG has no debt.

Majan College (University College)OG (MUS:BACS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Majan College (University College) SAOG (MUS:BACS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No 1986, Way No. 2621, P.O Box: 710, Ruwi, Mutrah, Muscat, OMN, 112

Website

https://www.majancollege.edu.om

Majan College (University College) SAOG engages in the fields of management sciences, and scientific research, and provides education to students in the Sultanate of Oman. The company offers programs at both undergraduate and postgraduate levels. Majan College (University College) SAOG provides its undergraduate programs in Business Administration with several pathways like Finance, Accounting, Banking and Finance, Computer and Internet Applications, Networking, Computing with 3 pathways, and English Language. The Master's programs offered include Business Administration, Computer Sciences, and International Human Resources Management.

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